Mar 8, 2010
Algirdas Semeta, Taxation Commissioner of the EU, has stated that he wishes to see a carbon tax instated across the entirety of the European Union, and will lead a review to make it happen.
The widely debated topic of Carbon Taxation has once again been brought up with the revelation that the European Commission (EC) will [...]
Algirdas Semeta, Taxation Commissioner of the EU, has stated that he wishes to see a carbon tax instated across the entirety of the European Union, and will lead a review to make it happen.
The widely debated topic of Carbon Taxation has once again been brought up with the revelation that the European Commission (EC) will soon lead an inquiry about a possible EU-wide implementation of such a measure. In a statement made by Emer Traynor, spokeswoman for Algirdas Semeta, revision of the ... Read More
Mar 2, 2010
The Government of Isle of Man, a self-governing British Crown dependency, has begun public consultation on the potential tax changes which could be implemented on the island nation.
As reported earlier, at the Budget reading held on February 16th, Allan Bell, Isle of Man Treasury Minister, stated that the jurisdiction would hold an investigation into possible [...]
The Government of Isle of Man, a self-governing British Crown dependency, has begun public consultation on the potential tax changes which could be implemented on the island nation.
As reported earlier, at the Budget reading held on February 16th, Allan Bell, Isle of Man Treasury Minister, stated that the jurisdiction would hold an investigation into possible changes to its current tax regime in order to address issues raised by previous discussions held with the EU and its member states, particularly the UK. The ... Read More
Feb 25, 2010
Greece has been referred to the Court of Justice of the European Union, after the European Commission (EC) deemed a series of tax exemptions issued by the jurisdiction to be illegal.
On February 24th the EC released a statement referring Greece to the EU Court of Justice for breaking clauses within the Treaty on the [...]
Greece has been referred to the Court of Justice of the European Union, after the European Commission (EC) deemed a series of tax exemptions issued by the jurisdiction to be illegal.
On February 24th the EC released a statement referring Greece to the EU Court of Justice for breaking clauses within the Treaty on the Functioning of the European Union (TFEU). The EC claims that Greece broke EU legislations when it failed to comply with a decision passed by the Commission in ... Read More
Feb 12, 2010
The Informal Consultative Group (ICG), an OECD pilot group, has released a draft proposal and started consultations on implementation of procedures for international businesses to claim reductions in withholding rates as a result of tax treaties.
The discussion paper Possible Improvements to Procedures for Tax Relief for Cross-Border Investors, released on February 8th, analyses the current [...]
The Informal Consultative Group (ICG), an OECD pilot group, has released a draft proposal and started consultations on implementation of procedures for international businesses to claim reductions in withholding rates as a result of tax treaties.
The discussion paper Possible Improvements to Procedures for Tax Relief for Cross-Border Investors, released on February 8th, analyses the current problems faced by international portfolio investors when attempting to claim any fiscal benefits resultant from cross-border tax-treaties and laws. The document recommends that intermediate structures be created ... Read More
